Welltower stock falls sharply following report claiming ‘shell game’ tactics
By
Kathleen Steele Gaivin
Dec 09, 2022
Toldeo, OH-based Welltower stock dropped by 6% to 8% Wednesday after Hindenburg Research released a report calling a joint venture partnership between the real estate investment trust and New York-based...
Private letter ruling gives Welltower added flexibility in managing independent living units
By
Kathleen Steele Gaivin
Nov 28, 2022
A private letter ruling by the Internal Revenue Service will provide Toledo, OH-based Welltower with “significant flexibility” in operating its approximately 45,000 independent living units, the real...
3Q progress creates ‘strong setup’ for 2023: Welltower CEO
By
Kimberly Bonvissuto
Nov 09, 2022
Despite “flatish” earning trends, driven by headwinds including inflation, interest rates and utility expenses, Welltower CEO and Chief Investment Officer Shankh Mitra said he was pleased with the...
Brookdale Senior Living, Pennant, Sabra Health Care REIT and Welltower reported their third-quarter earnings on Tuesday. Here’s a roundup.
Updated: Welltower to move 147 ProMedica SNFs to Integra Health JV; ProMedica to continue to operate...
By
Lois A. Bowers
Nov 07, 2022
Toledo, OH-based real estate investment trust Welltower will move 147 skilled nursing facilities currently operated by Toledo-based ProMedica Senior Care into a joint venture between Welltower and Integra...
Welltower invests $850 million in third quarter
By
Kathleen Steele Gaivin
Oct 05, 2022
Toledo, OH-based Welltower invested almost $850 million in the third quarter and has announced or completed the deployment of approximately $8.6 billion in capital since October 2020, the real estate investment...
Sabra highlights last year’s e-initiative roadmap in new report
By
Kathleen Steele Gaivin
Oct 03, 2022
Sabra Health Care REIT outlined priorities and initiatives on environmental stewardship, social commitment, corporate governance and community service, with a nod to a freshly created e-initiative roadmap,...
Welltower, PNC, Ortera pony up $690 million in financing for Santa Clara development
By
Kathleen Steele Gaivin
Aug 23, 2022
Through the combined backing of real estate investment trust Welltower, PNC Bank and Ortera Capital, Related California has secured $690 million in construction financing to jump start its development...
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Despite second quarter’s ‘mediocre’ results, Welltower CEO anticipates ‘record year’
By
Kimberly Bonvissuto
Aug 11, 2022
Toledo, OH-based real estate investment trust Welltower had one of its most active starts for investment activity in its history, completing $1.6 billion of investments in the second quarter. But even...